Narendra Modi in Europe: Know 10 major points as India signs crucial agreements with Sweden

Joint Innovation Partnership 2.0

Both nations launched phase two of this strategic framework to expand collaborations in artificial intelligence, 6G, quantum computing, and life sciences.

India-Sweden AI Corridor (SITAC)

The two leaders officially endorsed the technology and AI corridor to closely integrate innovation, digital transformation, and research partnerships between industries and startups.

Trade Doubling Goal

Both countries agreed on an ambitious target to double bilateral trade and investment over the next five years, building on a record high of USD 7.75 billion in 2025.

SME and Start-up Platform

A newly agreed-upon platform was established to foster cross-border employment generation and cross-pollinate new business ideas between Swedens tech unicorns and Indian innovators.

European Round Table for Industry

Modi and Kristersson, alongside European Commission President Ursula von der Leyen, jointly addressed European business leaders to urge increased European manufacturing investments in India.

Clean Energy and Climate Action

Sweden and India committed to stepping up cooperation in renewable energy, resilient supply chains, and green hydrogen.

Joint Science & Technology Centre

Both sides facilitated the opening of a virtual India-Sweden Joint Science and Technology Centre (ISJSTC) to support space exploration and critical mineral research.

Strategic Action Plan

Modi and Kristersson adopted an updated Joint Statement and Joint Action Plan (2026–2030) to solidify cooperation in economic and security resilience.

Cultural Ties

To deepen intellectual and people-to-people connections, the leaders endorsed the “Tagore–Sweden” Lecture Series.